Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North Variable expenses, North Traceable fixed expenses, North 63,900 Sales revenues, South Variable expenses, South Traceable fixed expenses, South 53,400 $535,000 $310,400 412,600 $235,400 In addition, common fixed expenses totaled $144,700 and were allocated as follows: $75,100 to the North business segment and $69,600 to the South business segment A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is Multiple Choice $85,600 $160,700 $149,500 $310,400